New York fines Geico and Travelers $11.3m for data breaches
Auto insurers will pay fines totaling $11.3m for data breaches that New York officials say compromised personal information of 120,000 customers.
Insurance giants Geico and Travelers will pay a combined $11.3m in penalties “for having poor data security,” which allowed information on more than 120,000 New Yorkers to be compromised during the COVID-19 pandemic, according to the New York Department of Financial Services (NYDFS) which announced the fine this week.
The settlement follows an investigation by the NYDFS